Fundamental vs. Technical Evaluation: Which One Wins in Forex?

Forex trading is a fancy endeavor that entails understanding and predicting value movements in the overseas exchange markets. To make informed trading choices, traders typically rely on two fundamental approaches: Fundamental Evaluation and Technical Analysis. Both methods provide valuable insights, but the question stays: which one wins in Forex?Understanding Fundamental AnalysisFundamental evaluation focuses on the economic, political, and social factors that influence the provision and demand for a currency. It entails analyzing economic indicators, resembling GDP growth, inflation rates, interest rates, employment data, and central bank policies. Traders using fundamental analysis intention to determine the intrinsic value of a currency…